£231,951
This estimated value is based upon the latest sale price for the house of £215,250 on 28 Sep 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£215,250 | 28 Sep 2021 |
£180,000 | 17 May 2019 |
£51,000 | 9 Aug 1996 |
Semi-Detached |
Leasehold |
Floor Area: 82 sq meters or 882 sq feet |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in September 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £215,250 results in an estimated price of approximately £231,951.
28 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £215,250 | £16,701 | £231,951 |
The Postcode Pricing Model uses changes in average sales price within the NE9 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 66.583 % | £143,319 | £358,569 |
3 Month Average | 35.834 % | £77,132 | £292,382 |
6 Month Average | 19.092 % | £41,095 | £256,345 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £193,384 | £190,000 | 16 BUTTERMERE GARDENS |
29 Sep 2023 | £222,849 | £220,000 | 4 LOWESWATER ROAD |
31 Jul 2023 | £153,060 | £151,000 | 2 ENNERDALE GARDENS |
25 Jul 2023 | £210,331 | £207,500 | 46 WYNBURY ROAD |
28 Apr 2023 | £187,519 | £185,500 | 20 LANTHWAITE ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 30 Jun 2021. Using an estimated price of £231,952 means this house is valued at £2,828 per sq meter (£262 per sq foot).
The average size of a house on BUTTERMERE GARDENS is 100 sq meters (1,086 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Buttermere Gardens |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Wynbury Road |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wynbury Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wynbury Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wynbury Road |